Browsing All posts tagged under »pay for performance«

Bold Leadership: Walking the Walk on Pay for Performance

January 11, 2010


Last week, Jeff Smisek took over as CEO of Continental Airlines. As reported in the Houston Chronicle, one of Smisek’s first acts was to give up his annual salary of $730,000 and any bonuses until the airline earns a full-year profit. In a letter to the company’s employees – the full text of which can […]